Some Tories have embraced the idea of having a relationship with the EU like Norway after Brexit. But they need Labour’s votes to pass it in Parliament – and that doesn’t look likely.
There is a dangerous argument circulating in moderate Conservative circles. It sounds sensible enough: “If we go ahead with Brexit, our economy will be badly damaged, our status in the world reduced and our security weakened. But not implementing Brexit risks provoking enormous bitterness. And it would break the Conservative party apart. We have to find a way out”.
But then it continues: “There is a way forward, a way that ensures that we leave the EU as promised but we keep most of the benefits of membership by staying in its associated European Economic Area (EEA). That way we will be able keep the benefits of being in the single market without accepting the jurisdiction of the Court of Justice, or being part of the EU’s agriculture and fisheries policies. And if we agree a customs arrangement with the EU, we will maintain largely frictionless trade with the EU. What’s not to like about that?”
If it sounds too good to be true, that’s because it is. The so-called “Norway option” – most recently branded as “Norway Plus” – has many drawbacks. Hugo Dixon goes into more detail for InFacts here.
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